
Cheap Apartments for Rent in the Summit Park Neighborhood of Albuquerque, NM from $400 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Summit Park area of Albuquerque.


The Villas @ Uptown

208 High St NE

Encanto Lofts Apartments

Total Monthly Price
Comanche Wells

2129 Coal Ave SE

4211 Mesa Grande Pl SE
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.

Citadel - Free Utilities

La Vida Nueva

Princeton Hall Apartments

Columbian Apartments

Casa Del Rey Sur

1405 Gold Ave SE

Hacienda Norte Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

219 Walter St NE

Kachina Apartments

1516 Tijeras Ave NE

Fair Plaza Apartments

Pine St Studios

420 Jefferson St NE

Columbia Apartments
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1801 Coal Pl SE

1611 Gold Ave SE

Manzano

Somerset Lofts

210 High St NE

University Studio Apartments

3617 Wellesley Dr SE
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Hilltop House

2121 Gold Ave SE

Casa dos Santos
Summit Park, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Summit Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Summit Park Studio Apartments | $1,003 | $695 | $1,661 |
| Summit Park 1 Bedroom Apartments | $1,113 | $725 | $1,890 |
| Summit Park 2 Bedroom Apartments | $1,400 | $875 | $2,407 |
| Summit Park 3 Bedroom Apartments | $1,778 | $1,426 | $2,100 |
| Summit Park 4 Bedroom Apartments | $2,150 | $1,900 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Summit Park Neighborhood of Albuquerque, NM.
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Summit Park, Albuquerque, NM Local Guide
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Cheapest Available Summit Park Apartments for Rent
 The cheapest available apartment rental in the Summit Park area of Albuquerque, NM is a Studio unit found at The Villas @ Uptown priced from $700. 210 High St NE has the second lowest priced unit, which is a Studio apartment currently listed from $735. Here are the most affordable Summit Park apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Villas @ Uptown | Studio Classic | Studio,1BA | $700 |
| 210 High St NE | 0 Beds, 1 Baths | Studio,1BA | $735 |
| Encanto Lofts Apartments | Juniper - Studio + Den | Studio,1BA | $754 |
| Comanche Wells | S1 | Studio,1BA | $767 |
| La Vida Nueva | Studios | Studio,1BA | $800 |
| White Oak Apartments | Casa Del Rey Oeste | 1BR,1BA | $823 |
| Casa de Sierra Senior Apartments | One Bedroom | 1BR,1BA | $899 |
| Union 505 | 1 Bedroom | 1BR,1BA | $931 |
| Peaks at Sandia View | 1x1-640 | 1BR,1BA | $975 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1,059 |
Best Value Apartments for Rent in Summit Park, NM
As of February 18, 2026 the best value apartment in the Summit Park area is the $1.38 price per square foot 505 Walter St SE Model at 505 Walter St SE in the in the Netherwood Park neighborhood starting from $1,450. The second greatest value Summit Park apartment is the 2br apartment corner unit Model at Four Seasons starting at $1,100 with a $1.10 price per square foot in the Southeast Quadrant neighborhood. Here is today’s list of the best values for Summit Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 505 Walter St SE | 505 Walter St SE | 2BR,1BA | $1.38 |
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.10 |
| 1904 Lead Ave SE | 1904 Lead Ave SE | 2BR,1BA | $1.42 |
| 339 Madison St NE | 339 Madison St NE | 2BR,1BA | $1.36 |
| 417 Princeton Dr. SE, Unit "B" | 417 Princeton Dr. SE | 1BR,1BA | $1.33 |
| Marquee Village Apartments | KaloDuo | 2BR,1BA | $1.41 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.36 |
| 309 Columbia Dr SE, Unit B | 309 Columbia Dr SE | 2BR,1BA | $1.47 |
| Casa de Sierra Senior Apartments | One Bedroom | 1BR,1BA | $1.30 |
| 210 High St NE | 0 Beds, 1 Baths | Studio ,1BA | $1.47 |
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleSummit Park, Albuquerque, NM
Ranked #169
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across New Mexico and customized analysis for Albuquerque, New Mexico. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Summit Park Apartments
What is a cheap apartment in Summit Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Summit Park is under $1,059.
What is the price of a cheap apartment in Summit Park?
The cheapest apartment in Summit Park is Encanto Lofts Apartments which is listed at $799, while the average apartment in Summit Park costs $2,150.
What types of apartments are the cheapest in Summit Park?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 18 regular apartments in Summit Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Summit Park?
Cheap apartments in Summit Park have an average cost of $185 which is $1,965 cheaper than the average rent for all rentals in Summit Park.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
Written by: Esther Lombardi
Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.